Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Wednesday, 7 May 2014. Details of the tender are set out below.

Series Offered

4.25% 21 April 2026

Series Number

TB142

ISIN

AU000XCLWAI8

Offered to Public ($million)

700

Reserve Bank Take-up ($million)

–

Total Amount Offered ($million)

700

First Coupon Payment Due*

21 October 2014

First Coupon Payment Amount (per $100 face value)

$2.125

*Coupons will be paid at half-yearly intervals thereafter.

Lodgement of Bids

Bids may be lodged by Registered Bidders through the AOFM Tender System, which is accessed via the Yieldbroker DEBTS System, between 10.45 am and 11.00 am Australian Eastern Standard Time on Wednesday, 7 May 2014.

All bids must comply with the Information Memorandum for Treasury Bonds [PDF 145KB | RTF 1.3MB] dated 4 February 2014.

Announcement of Results

The results of Tender No. 686 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Wednesday, 7 May 2014.

Settlement Arrangements

Successful bids for Treasury Bonds offered in Tender No. 686 must be settled in the Austraclear System on Monday, 12 May 2014.

Last updated: 9 May 2014

Results

7 May 2014

Series Offered

4.25% 21 April 2026

Series ID

TB142

ISIN

AU000XCLWAI8

Offered to Public ($million)

700

Reserve Bank Take-up ($million)

–

Total Amount Offered ($million)

700

Amount Allotted to Public ($million)

700

Weighted Average Issue Yield (%)

4.0050

Coverage Ratio

4.884

Lowest Yield Accepted (%)

4.000

Highest Yield Accepted (%)

4.010

Total Amount of All Bids Received ($million)

3,419

Total Number of Bids

47

Total Number of Successful Bids

20

Number of Bids Allocated in Full

9

Best Bid (%)

4.000

Worst Bid (%)

4.040

Weighted Average Bid (%)

4.0123

Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield*

Postal Address

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